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K

KNUTSEN SHUTTLE TANKERS XII AS991 959 556

Shipping
Limited company
Smedasundet 40 5529 HAUGESUND, Norge

KNUTSEN SHUTTLE TANKERS XII AS

Keywords

freight transportshipsforeign shipping

Organization

CEO
Chairman of the board
Years since formation
18 years
since Nov 19, 2007
Type
Limited company
VAT registered
Yes
Number of employees
0

Ownership

Number of shares and share classes
100
1 share class
Total number of shareholders
1
company
Belongs to group of

Financials

Total operating income 2024
400,914,224
NOK
Annual total result 2024
68,599,231
NOK
Total equity 2024
787,760,933
NOK
Last update: Apr 26, 2025

Management

Management / administration

NameRoleShares
Managing Director/CEO-

Board

NameRoleShares
Chairman-
Board Member-

Others

NameRoleShares
E
ERNST & YOUNG AS
Auditor-
Last update: Jun 24, 2024

Ownership

Company shareholders

NameShare classTotal number of sharesShare
K
KNOT SHUTTLE TANKERS AS
Ordinary shares
100
100 %
Last update: Jun 2, 2025

Group structure

Financials

in NOK

Summary

Year202420232022
Total operating income
400,914,224
227,265,391
0
Annual Total Result
68,599,231
48,214,323
7,487,021
Total assets
1,393,254,843
1,545,233,388
13,172,135
Total liabilities
605,493,910
709,081,143
798,567
Total equity
787,760,933
836,152,245
12,373,569

P&L

Year202420232022
Total operating income
400,914,224
227,265,391
0
Total operating costs
286,655,141
189,719,055
120,671
Operating result
114,259,083
37,546,336
-120,671
Financial income/costs
-45,659,852
10,667,986
7,607,692
Profit before tax
68,599,231
48,214,323
7,487,021
Total tax & extraordinary income/cost
0
0
0
Annual Total Result
68,599,231
48,214,323
7,487,021

Balance overview

Year202420232022
Total fixed assets
1,305,154,124
1,446,105,478
13,037,320
Total current assets
88,100,719
99,127,910
134,815
Total assets
1,393,254,843
1,545,233,388
13,172,135
Short term debt
19,965,962
21,930,623
798,567
Long term debt
585,527,948
687,150,520
0
Total liabilities
605,493,910
709,081,143
798,567
Contributed capital
719,161,702
776,225,317
660,963
Retained earnings
68,599,231
59,926,928
11,712,606
Total equity
787,760,933
836,152,245
12,373,569
Total equity and liabilities
1,393,254,843
1,545,233,388
13,172,135

Classification

Type of organization
Limited company
Classification of institutional sector
INNL
Domestic sectors
A_IKKE-FIN
Non-financial corporations
2100
Private non-financial incorporated enterprises
Standard industrial classification
H
Main industrial area
Transportation and storage
50
Activity
Water transport
50.2
Main industrial group
Sea and coastal freight water transport
50.20
Industrial group
Sea and coastal freight water transport
50.201
Industrial group
Freight ocean transport